Richard Annan quoted in "Cement companies propose billion dollar divestment", Global Competition Review
|Area||Competition, Antitrust and Foreign Investment|
Excerpt from "Cement companies propose billion dollar divestment", by Leo Szolnoki:
Richard Annan, co-head of the competition, antitrust and foreign investment group at Goodmans in Toronto, says that the companies have done the smart thing by selling off “key assets” in problematic markets.
“It’s hard to predict individual markets but the companies are being very proactive in their approach and in some markets they appear to be doing a clean sweep,” he says. “You would think that this would solve some of the problems but whoever buys the assets will also have to get approval from the regulators.”